Correct Answer - Entry in all Cases: Dr Sundry Assets A/c- ₹ 6,60,000 and Goodwill A/c - ₹ 20,000;
Cr . Sundry Liabilities A/c - ₹ 80,000 and star Ltd....
Correct Answer - Goodwill ₹ 30,000; Case (a) 3,800 Debentures of ₹ 100 each; Cash (b) 4,222 Debentures of ₹ 100 each and paid cash ₹ 20; Case (c) 3,454...
Correct Answer - (i) Dr. Sundry Assets A/c by ₹ 40,00,000, Cr. Sundry Liabilities A/c by ₹ 7,00,000; Strong Ltd .by ₹ 32,40,000 and Capital Reserve A/c by ₹ 60,000;...